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August 7, 2024 · earnings

GH earnings: a positive outcome, +5.6%

On August 7, 2024, Guardant Health, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.6% in the window around the event. It had already run +15.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$32.16
1d before
$33.96
Event day
$30.27
1d after
$30.47
5d after

Pre-catalyst setup

+15.2%
30-day run-up
6563%
30-day volatility
0.8×
volume spike